The past year has changed the way we work on so many levels – a fact podcasters were certainly not immune to. I can anecdotally say that as a longtime podcaster, I threw in the towel because I had long insisted on doing all of my interviews in person – for probably obvious reasons.
In 2020, many shows were converted to a remote format and experimented with various remote recording tools, from comprehensive teleconferencing software like Zoom to bespoke solutions like Zencastr. Riverside.fm, based in Tel Aviv (originally from Amsterdam), was launched on time to tackle the wave of remote podcasting. Today the service announces a Series A worth $ 9.5 million.
The round is led by Seven Seven Six and includes Zeev-ventures.com, Casey Neistat, Marques Brownlee, Guy Raz, Elad Gil and Alexander Klöpping. The company plans to use the money to increase the workforce and develop more features for the service.
“With many being forced to adapt to remote working, and with the production teams struggling to deliver the same personal quality remotely, Gideon and Nadav saw the opportunity to not only solve a huge need for developers, but also an exceptional product to develop.” Seven Seven Six founder Alexis Ohanian said in a press release. “As a creator, I can say from experience that the quality of Riverside is second to none and the new editing features are unique.”
Riverside.fm is a remote video and audio platform that remotely records lossless audio and 4K video tracks on each user’s system, saving the bottom line of technical problems with spotty internet connections.
In addition to the financing round, the company is also introducing a number of software updates for its platform. At the top of the list is the brand new version of the iPhone app, which can instantly record and upload videos. This is a nice addition as more and more users want to record their end on mobile devices.
On the desktop side, “Magic Editor” optimizes the multi-stage process of recording, editing and uploading. There’s also a new “Smart Speakerview” feature that automatically switches between speakers for video editing without switching to accidental noises like sneezing and coughing.
It’s a hot room that just heats up. Given the speed at which the company was able to put together its original offering, it will be interesting to see what it can do with an additional $ 9.5 million in its coffers.